Power Up Now

Monday, December 19, 2011

Crystal Lake, IL - December 13, 2011 - A new economic development initiative has been launched in Northeastern Illinois. The initiative, called Power Up Now, is focused on growing and attracting the clean energy technology industry. The project will focus resources on attraction of new investment and supporting the growth of existing clean tech companies in the region.

“This initiative is being launched to support the region’s various economic development entities and to be a resource to them in attracting the clean energy tech industry.” stated the president of Power Up Now, Kelly A. Waters. “We want to be a positive influence on growing this industry and advocating for clean tech projects.”

According to a recent Brookings-Battelle report, the clean tech economy grew twice as fast as the rest of the U.S. economy from 2003-2010 and now accounts for 2.7 million jobs nationwide. Nearly 80,000 of those jobs are in the Chicago area.

Power Up Now will implement a variety of programs including support for the marketing efforts of local economic development agencies, hosting test and demonstration sites for start-up energy tech companies, and establishing an information resource for building owners and facility operators on new energy efficiency technologies.

Senator Mark Kirk and MCEDC President Pam Cumpata toured the Scot Forge facility on Tuesday, December 20th and held a Q & A session with Scot Forge owners.

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Pictured: Senator Mark Kirk, Scot Forge President, John Cain.
 

Sen-Kirk--Scot-Forge-John-Cain-Mike-Klingberg

Pictured: Senator Mark Kirk, Scot Forge President, John Cain. Back to camera, Scot Forge Mike Klingenberg

 

Earlier in the day, Senator Kirk met with McHenry County government officials to discuss transportation issues. 

MCEDC continues to work closely with all of our elected officials and will be scheduling its annual trip to Washington DC in early spring.  Our EDC Investors are urged to communicate any topics or concerns you would like addressed. 

Go Global V Conference

Helping you put the pieces together...

www.goglobal-itc.com

Leading experts from a variety of fields will deliver the information you need to put together the pieces of an effective global trade strategy at one of the premier international business conferences in the Midwest.

IL SBDC ITC

The Go Global Conference is brought to you by the following Planning Partners:
BDG International
Corbett, Duncan & Hubly, P.C.
Greater Rockford Airport Authority
Greenlee - A Textron Company
Illinois SBDC International Trade Center of the Rockford Area
McHenry County Economic Development Corporation
Rockford Area Economic Development Council
Rockford Chamber of Commerce
Supplycore
Transatlantic Market Development

McHenry County Economic Development (MCEDC) is pleased to announce the 2011 Business Champion Award winners. 


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Pictured L-R: Larry O’Conor, Jr. Other World Computing, Aric & Sean Slavin, Dordan Manufacturing, Don Wallin, Joule Technologies,
Pam Cumpata, MCEDC and Doug Oberhelman, Caterpillar


For the past four years, MCEDC has recognized outstanding companies who have positively contributed to McHenry County’s economy and who have exhibited business acumen and vision. Judging is conducted by a panel of 9 independent and unbiased business leaders residing outside of McHenry County.

Ann Willits, MCEDC Business Champion Task Force chair, who announced the awards at the recent MCEDC Annual Dinner, commented that the selection process was very challenging with consistently high scores for all nominees. 

Congratulations to the 2011 Business Champions

  • Category 1 (less than 25 employees) – Joule Technologies, McHenry, IL
  • Category 2 (25 to 100 employees) – Dordan Manufacturing Company, Woodstock, IL
  • Category 3 (over 100 employees) – Other World Computing, Woodstock, IL


Joule Technologies, McHenry,  was selected in Category 1 (less than 25 employees).  Recognized for having a corporate philosophy that embraces a culture for learning, Joule Technology capitalized on this philosophy by adopting new methods of planning, design, and management.  By moving from a traditional production model to the non-traditional employee-managed Self Directed Work Teams, they are making strides toward their five-year plan of creating an “awesome stakeholder experience”.   By including their employee base among their stakeholders (90% of whom reside in McHenry County), they empowered their workforce to be directly invested in their customers’ experience of the company which is resulting in a bright future of growth.  This company has been in business in McHenry for 12 years and contributes its growth to the access it has to excellent logistics as well as a dedicated workforce. 


In the mid-size company category of 25 to 100 employees, Dordan Manufacturing Company,Woodstock, is the 2011 Business Champion.  It was apparent that Dordan understands the importance of employing locally while staying economically competitive.  Their proactive “green” approach to recycling in 2009 resulted in industry-initiated dialogue that increased media attention, facilitated business inquiries, and grew revenues that by extension improved exposure and economic growth for McHenry County.  With a 5-year plan of achieving ISO certification, Dordan is looking to expand into the medical and pharmaceutical markets.  Our champion believes in the economic sustainability of community demonstrated by, for example, extending an invitation to a local organics farmer to use a portion of its land to grow produce for local consumption facilitating a closed-loop economic relationship between business and residents of McHenry County.  

Other World Computing, Woodstock, is the winner in the large category (over 100 employees).  They have being doing business in McHenry County for over 20 years and chooses to remain in the county because of the unique opportunities for growth supported by a forward-thinking business and educational climate.  Not only does the company value a forward-thinking approach, but it also walks-the-walk – their company facility achieved LEED certification at the Platinum level in 2010.  Their investment doesn’t stop at their building, however.  Their approach to our ever-changing market was to find local talent and invest in it.  In addition, they strive to find ways to inspire their workforce to keep up with emerging technologies.  This has helped them stay on top of changing technological trends.  With 76% of its workforce being McHenry county residents, this business champion has a local focus, in spite of serving customers in over 170 countries, and takes great pride as a major contributor to the revenue stream it provides the county. 

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Pictured L-R: Larry O’Connor, Jr. Other World Computing, Aric Slavin, Dordan Manufacturing, Don Wallin, Joule Technologies, Sean Slavin, Dordan Manufacturing

Congratulations to all of the nominees for the 2011 Business Champion Award who were introduced to the over 500 attendees at the MCEC Annual Dinner on November 3rd. The three award winners Joule Technologies, Dordan Manufacturing and Other World Computing received their awards from Doug Oberhelman, CEO of Caterpillar, and MCEDC President Pam Cumpata.

2011 MCEDC Annual Dinner - Celebrating 20 Years

 

The Keynote Speaker at MCEDC's 20th Anniversary Annual Dinner on November 3, 2011 was Douglas R. Oberhelman, Caterpillar Chairman & CEO. Over 500 people were in attendance to listen to Doug speak and to recognize and congratulate this year's Business Champion Nominees and Award Winners. More news: Northwest Herald article

 

Caterpillar Chairman and CEO Douglas R. Oberhelman receives an aerial image of Woodstock

2011-RB-Thompson-Oberhelman-Cumpata-EDC

Pictured L-R: RB Thompson, Woodstock Council member (left) gifts to Caterpillar Chairman & CEO Douglas R. Oberhelman an aerial image of Woodstock, Ill, taken by Pendergrast Photography. Pam Cumpata MCEDC president (right) also presented image.

 

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Pictured L-R: Doug Oberhelman, Caterpillar, Larry O’Conor, Jr. Other World Computing, Aric Slavin, Dordan Manufacturing, Don Wallin, Joule Technologies, Sean Slavin, Dordan Manufacturing and Pam Cumpata, MCEDC

Congratulations to the 2011 Business Champion Award winners! Joule Technologies, Dordan Manufacturing and Other World Computing received their awards from Doug Oberhelman, CEO of Caterpillar, and MCEDC President Pam Cumpata.

Photography By Robin F. Pendergrast Photography, Inc.  rfpphoto

Link to more photos from MCEDC Annual Dinner, November 3, 2011 at Holiday Inn in Crystal Lake, IL

LOOKING FOR FUNDING? MCEDC is partnering with the McHenry County College Small Business Development Center to introduce the new State of Illinois Advantage Illinois financing program.

McHenry County College Small Business Development Center with McHenry County Economic Development Corporation present:

Introduction to Advantage Illinois Program
Thursday, November 10, 2011
8:00 – 9:30 a. m.
MCC Shah Center

$78 Million Initiative to Support Small and Start-Up Businesses.

 

The number one challenge small businesses face in today's economy is gaining the funds they need to start or run their business. Governor Pat Quinn recently launched Advantage Illinois, the Department of Commerce and Economic Opportunity's enhanced portfolio of lending and venture capital programs, to help small businesses gain much-needed access to capital.

There has never been a better time to grow Illinois ideas or business! Attend this free seminar and learn about:

  • Capital Access Program (CAP) assists businesses with various financing needs. It is designed to encourage financial institutions to make loans to small and new businesses that do not qualify under conventional lending policies.
  • Participation Loan Program (PLP) supports businesses with projects that create or retain jobs and/or modernize their businesses to improve competitiveness. One component of the program is devoted to Minority/Women/Disabled/Veteran-Owned businesses (MWDV PLP). The state purchases and subordinates part of the loan to help mitigate lender risk.
  • Collateral Support Program (CSP) establishes savings accounts or CDs that provide cash collateral support to lending institutions to enhance the equity and/or loan collateral levels of small business borrowers.
  • Invest Illinois Venture Fund Program (IIVF) is a new venture capital program to support young, innovative companies in Illinois that show high growth potential, can demonstrate their place in the market and already have other investors. 

For more information or to register, please contact the Illinois Small Business Development Center at (815) 455-6098.

The Shah Center is located at 4100 W. Shamrock Lane, McHenry, IL. 60050.

Download pdf flyer

Program Announcement
Maximizing the Value of Your Intellectual Property

PRODUCT STRATEGIES: PATENT PROTECTION, TRADEMARK VALUE, AND IP COMMERICALIZATION

Tuesday, November 1, 2011
Home State Bank, Community Room
611 S. Main St., Crystal Lake, IL
(Take the elevator down on the East side of the building)
7:45 a.m. – Check-in and networking (Coffee and juice will be served)
8:00 a.m. – Program
9:00 a.m. – Round Table Discussion
9:30 a.m. – Adjourn
No cost to attend, but please make a reservation by 4:00 p.m., Tuesday, October 25th.
Tel: 815-307-2974 This email address is being protected from spambots. You need JavaScript enabled to view it. Fax: 815-455-5685

This interactive presentation will provide an interesting and engaging discussion of the advantages of obtaining patent protection for your products and innovations, when you may want to consider obtaining a trademark for your company or product name, and how to make the most of licensing your technology. The discussion will include highlights of legal issues surrounding obtaining patent protection, strategies of intellectual property licensing, typical contract issues surrounding the licensing of technology, and how to utilize these strategies in maximizing the value of your intellectual property.

Presented by: Stephen Scherrer, President, Scherrer Patent & Trademark Law
Keith Adams, Founder, Frontpoint Services

Stephen Scherrer is the President of Scherrer Patent & Trademark Law, an intellectual property law firm that provides a wide array of intellectual property legal services to its clients. Stephen has over 10 years of experience helping his clients protect their intellectual property in the United States and internationally, and has prepared patent applications for inventions in such diverse fields as chemical, mechanical, electrical, computer software and internet-related business methods.

Keith Adams is the founder of FrontPoint Services, a firm that employs a systematic and comprehensive approach to IP commercialization. Keith is a results-oriented intellectual property management professional with over 15 years of experience in licensing sales, business development and intellectual property management, and capably coordinates all aspects of licensing, brand management, market analysis, budgeting, acquisition/divestiture, joint venture, joint development and commercialization, enforcement, and technology transfer functions.

Program-Announcement_2011

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Attend the NCRC Employer Information Session

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Succession Transition: A Roadmap for Seamless Transition in Leadership

Gordon-Krater
Gordon Krater
Managing Partner
Plante Moran

Bill-Hermann
Bill Hermann
Managing Partner Emeritus
Plante Moran

Wednesday, October 12
2-3 p.m. EDT
No fee to participate
1 CPE credit anticipated

It's easy to fall into the trap of focusing on transition and succession only during the last few years of a leader's tenure. In reality, the process begins with understanding the organization's culture, defining its recruiting process, developing its training program, and identifying experiential learning opportunities for future leaders.

register-button1 | Read More 

Year-End Tax Update:
10 Timely Topics in 100 Minutes

Wednesday, November 9
1-3 p.m. EST
No fee to participate
1 CPE credit anticipated

irs01

A proactive approach to taxes today can help you minimize your tax burden and reduce risk in the future. Tune in to our webinar for insights on 10 timely tax topics including things you should be thinking about today and a look ahead at what you should be preparing for in the near future. We'll provide time at the end of the webinar for Q&A with our advisors.

register-button1 | Read More 

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You're invited to:

Doing Business in Indonesia  

An International Trade Event 

  

World Trade Center Chicago-Illinois (www.WTCIL.org) is pleased to invite you to learn more about international trade with The Republic of Indonesia.  The World Trade Center in collaboration with The Indonesian Trade Promotion Center and The Consul General of The Republic of Indonesia along with the McHenry County Economic Development Corporation - MCEDC, cordially invite you to attend a FREE trade promotion event:

 image005

"Doing Business in Indonesia"

Thursday, September 29th

7:30 am - 9:00am

Free Continental Breakfast  

 

 

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 The Shah Center - MCC

4100 W. Shamrock Lane

Room 116

McHenry, IL 60050

 

 To register, call MCEDC at 815.363.0444 or email This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Why do Business in Indonesia?

Abundant natural resources, a young and technically trained work force and a large and growing domestic market, combined with an improving investment climate and a higher global profile are just a few of the many stren
gths.

  • World's 4th Largest Population - 232M
  • GDP growth rate of 6.5% (Q1, 2011) 
  • With over 238 million people, it is the world's fourth most populas country
  • GDP US$ 550 Billion (2009)
  • Largest economy in S.E. Asia
  • 17th largest global economy
  • In the Top 10 "most attractive destinations for (FDI)" foreign direct investment (UNCTAS World's Investment Prospect Survey)

You will also have the chance to learn more about:

  • How to sell your products into Indonesia
  • Sourcing important natural resources for your manufacturing process from Indonesia
  • Purchasing products for distribution into the U.S. Market 
  • Update on the upcoming World Trade Center Chicago Illinois trade mission to Jakarta, Indonesia in October 2011  

For more information you can reach World Trade Center Chicago Illinois at               773-313-3735.

Get more information

Upcoming WTC Events 

  

 

Inbound Trade Mission: Estonia

Thursday September 22, 2011 from 11:00 AM to 4:00 PM CDT

Radisson Hotel

 

Ambassador John Bolton

Tuesday, October 25, 2011 from 7:30 AM to 10:00 AM CDT

Stonegate Conference Centre, Hoffman Estates

 

  

 Join the World Trade Center Chicago-Illinois and enjoy all the benefits of membership.

 

 

You're invited to:
Doing Business in Indonesia 
An International Trade Event
 
World Trade Center Chicago-Illinois (www.WTCIL.org) is pleased to invite you to learn more about international trade with The Republic of Indonesia.  The World Trade Center in collaboration with The Indonesian Trade Promotion Center and The Consul General of The Republic of Indonesia along with the McHenry County Economic Development Corporation - MCEDC, cordially invite you to attend a FREE trade promotion event:
 
"Doing Business in Indonesia"
Thursday, September 29th
7:30 am - 9:00am
Free Continental Breakfast 


  
 The Shah Center - MCC
4100 W. Shamrock Lane
Room 116
McHenry, IL 60050
 
 To register, call MCEDC at 815.363.0444 or email This email address is being protected from spambots. You need JavaScript enabled to view it.
 
Why do Business in Indonesia?
Abundant natural resources, a young and technically trained work force and a large and growing domestic market, combined with an improving investment climate and a higher global profile are just a few of the many strengths.
• World's 4th Largest Population - 232M
• GDP growth rate of 6.5% (Q1, 2011)
• With over 238 million people, it is the world's fourth most populas country
• GDP US$ 550 Billion (2009)
• Largest economy in S.E. Asia
• 17th largest global economy
• In the Top 10 "most attractive destinations for (FDI)" foreign direct investment (UNCTAS World's Investment Prospect Survey)
You will also have the chance to learn more about:
• How to sell your products into Indonesia
• Sourcing important natural resources for your manufacturing process from Indonesia
• Purchasing products for distribution into the U.S. Market
• Update on the upcoming World Trade Center Chicago Illinois trade mission to Jakarta, Indonesia in October 2011 
For more information you can reach World Trade Center Chicago Illinois at               773-313-3735.
Get more information!


Upcoming WTC Events
 
 
Inbound Trade Mission: Estonia
Thursday September 22, 2011 from 11:00 AM to 4:00 PM CDT
Radisson Hotel
 
Ambassador John Bolton
Tuesday, October 25, 2011 from 7:30 AM to 10:00 AM CDT
Stonegate Conference Centre, Hoffman Estates
  
 

You're invited to:
Doing Business in Indonesia 
An International Trade Event
 
World Trade Center Chicago-Illinois (www.WTCIL.org) is pleased to invite you to learn more about international trade with The Republic of Indonesia.  The World Trade Center in collaboration with The Indonesian Trade Promotion Center and The Consul General of The Republic of Indonesia along with the McHenry County Economic Development Corporation - MCEDC, cordially invite you to attend a FREE trade promotion event:
 
"Doing Business in Indonesia"
Thursday, September 29th
7:30 am - 9:00am
Free Continental Breakfast 


The Shah Center - MCC
4100 W. Shamrock Lane
Room 116
McHenry, IL 60050
 
 To register, call MCEDC at 815.363.0444 or email This email address is being protected from spambots. You need JavaScript enabled to view it.
 
Why do Business in Indonesia?
Abundant natural resources, a young and technically trained work force and a large and growing domestic market, combined with an improving investment climate and a higher global profile are just a few of the many strengths.
• World's 4th Largest Population - 232M
• GDP growth rate of 6.5% (Q1, 2011)
• With over 238 million people, it is the world's fourth most populas country
• GDP US$ 550 Billion (2009)
• Largest economy in S.E. Asia
• 17th largest global economy
• In the Top 10 "most attractive destinations for (FDI)" foreign direct investment (UNCTAS World's Investment Prospect Survey)
You will also have the chance to learn more about:
• How to sell your products into Indonesia
• Sourcing important natural resources for your manufacturing process from Indonesia
• Purchasing products for distribution into the U.S. Market
• Update on the upcoming World Trade Center Chicago Illinois trade mission to Jakarta, Indonesia in October 2011 

For more information you can reach World Trade Center Chicago Illinois at               773-313-3735.
Get more information!


Upcoming WTC Events  
 
Inbound Trade Mission: Estonia
Thursday September 22, 2011 from 11:00 AM to 4:00 PM CDT
Radisson Hotel
 
Ambassador John Bolton
Tuesday, October 25, 2011 from 7:30 AM to 10:00 AM CDT
Stonegate Conference Centre, Hoffman Estates
 

620 Dakota Street • Crystal Lake, IL 60012
(815) 893-0895